Sage Mountain Advisors LLC Purchases 1,702 Shares of Schwab US Broad Market ETF $SCHB

Sage Mountain Advisors LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 38.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,127 shares of the company’s stock after purchasing an additional 1,702 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $146,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Christopher J. Hasenberg Inc lifted its position in shares of Schwab US Broad Market ETF by 310.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after acquiring an additional 820 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at $25,000. Wealth Preservation Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at $32,000. Finally, Brooklyn Investment Group bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at $49,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $26.13 on Monday. The stock has a fifty day moving average price of $25.41 and a 200-day moving average price of $23.82. The company has a market cap of $38.02 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.20.

Schwab US Broad Market ETF Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.